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Jul 25, 2013 3:00pm EDT
from the courthouse coming up. >> david cote will be here in a few minutes. defense firms going full steam ahead. despite sequester cuts. we will get his comment on earnings. plus find out what led him to step down from j.p. morgan's board. he did that in the past week. >> let's check the market as we approach the final hour of trading. 15,514, last trade of the blue chip average. nasdaq in positive territory due it a handful of gainers as well as facebook. facebook up better than 20% right now. 25% earlier. s&p 500 looks like this. standard & poor's is fractionally negative. >> bob pisani, what is going on here? >> higher interest rates are hurting the stock market. can't say it more simply. interest rates up three days in a re. don't have more to say about it. orders are down 12%. horton below expectations. horton's conference calls, what everyone is talking about. causing an increase of cancellations. put up will full screen. first time buyer shop so they would notice the first time buyers got hurt. cancellations go from 20% to 25%. doesn't sound like a lot but it effects overall
Search Results 0 to 0 of about 1